China has appointed Zhang Qingsong, deputy governor of the central bank, as the new chairman of China Investment Corporation (CIC), a US$1.33 trillion sovereign wealth fund. He takes over from Peng ...
The Shiller P/E ratio has currently risen to just over 38, a ceiling it only broke in the past in December 1999 during the dot-com bubble, and in early 2022. Furthermore, it has only breached 30 six ...